YOUNG Victorian farmers are being invited to participate in farm finance workshops at several locations in May and June.
The workshops will be held from 6-8.30 pm in Bairnsdale, Maryborough, Wangaratta, Ouyen and Horsham.
The dates are Bairnsdale – Wednesday, 4 May; Maryborough – Wednesday, 11 May; Wangaratta – Wednesday, 18 May; Ouyen – Wednesday, 25 May, and Horsham – Wednesday, 1 June.
Agriculture Victoria young farmer co-ordinator Sarah Wallis said it was wonderful to be able to offer the ‘Farm Finance – Getting Prepared’ sessions as in-person events after having to shift to an online format for the past two years.
“This year it’s about coming together, being together and interacting with our financial specialists to ask those burning finance questions in a safe space.
“Our take on this is to provide the kind of experts at these workshops who can cut through the ‘bank speak’ and enable young farmers to be well prepared when applying for financing,” she said.
ORM Agribusiness consultant Jane Foster said the workshops will be an opportunity to have open and transparent conversations about farm finance and get some tips on how to communicate in ‘bank speak’.
“By the end of the session participants will have a new clarity on finance and how the whole system works,” Ms Foster said.
For more information and to register for an Agriculture Victoria Young Farmers Network Farm Finance – Getting Prepared workshop click here.
Source – Agriculture Victoria.
The best advice Agriculture Victoria could give young farmers at this moment is to not invest in land at these prices unless you can pay in cash. Wait, save your money and be ready for the crash, which always comes at the end of any land boom. Be patient and wait; time is on your side. Use it wisely.